Microsoft has announced its fourth quarter and full-year financial results.
Quarterly revenue was up 10% year-on-year to $19.90 billion (£13.01 billion), while annual revenue was up 6% to $77.85 billion (£50.91 billion).
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Last month bookseller Barnes & Noble announced that its Nook tablets wouldn’t be produced as own-brand devices any more.
Although it would maintain the production of its eBook readers, the next generation of Nook colour-screen tablets would be co-branded with third-party manufacturers.
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ABI Research has calculated that more than 39 million tablets were shipped worldwide during the first quarter of 2013.
It’s the second-highest figure ever recorded by the company, only beaten by the final quarter of 2012.
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Good news from Sony Mobile, bad news from BlackBerry
Mark Bridge writes:
I don’t know about you but I’m delighted to see Sony Mobile getting plenty of coverage for its new smart watch and giant smartphone. The company’s impressive presence at Mobile World Congress 2013 showed plenty of promise... and I’d say it’s now delivering.
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Research In Motion, which will officially be called Blackberry after next month’s AGM, has announced results for the first quarter of its current financial year.
The figures, which cover the period until 1st June 2013, showed a net loss of $84 million; a dramatic drop from the previous quarter’s $98 million profit.
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